Itr form

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 October 2015 Request the experts to advise: correct ITR form for e-filing of RI by a private specific Trust (non-charitable)(members/beneficiaries shares are determinate)

25 October 2015 Return should be filed in ITR-5

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 October 2015 Thank you Mr.Ankit Agarwal for response.
ITR-5 is for Private Discretionary Trusts among others as specified not for Specific Private Trusts


26 October 2015 In my Opinion, ITR-5 should be filed.

ITR-5 has option for specifying the share of each member & the major difference between the two is just that the share is determinant in case of Specific Private Trust.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries